Alternatively, your GC can keep you posted on progress, but having a local project manager or even a trusted friend to occasionally drop by can provide extra peace of mind.Hope this helps, and good luck with your rehab project!

$800k at a couple extra percent means it’s costing you AT LEAST $16k PER YEAR in additional interest.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

If you are still willing to stay in the same unit as your brother you can get a 2-4 unit building, rent out the other units and still rent a bedroom within your unit to your brother for extra income.

House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

He demanded $2000 extra and said we had 24 hours to pay if we wanted the loan closed!

3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!

It’s an extra step, but it can save you from surprises later.Keep asking questions-it’s the best way to learn.

Also, added smart-deadbolt locks to each bedroom for extra security in house-hack situation.What was the outcome?

I'm soon closing on a multi-family property that has some extra space that's begging to find a better use.